Can I retire at age 50 with 911,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $911,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$75,230$74,559$73,906$73,268$72,644$71,412
2 years$37,242$36,549$35,877$35,225$34,593$33,354
3 years$24,582$23,885$23,214$22,569$21,947$20,742
4 years$18,252$17,558$16,894$16,260$15,653$14,490
5 years$14,456$13,766$13,111$12,489$11,899$10,782
6 years$11,926$11,241$10,595$9,987$9,415$8,345
7 years$10,119$9,440$8,805$8,211$7,657$6,635
8 years$8,765$8,092$7,467$6,888$6,352$5,377
9 years$7,712$7,045$6,431$5,867$5,350$4,421
10 years$6,870$6,210$5,607$5,058$4,558$3,675
11 years$6,182$5,529$4,936$4,402$3,920$3,082
12 years$5,609$4,962$4,381$3,861$3,397$2,603
13 years$5,125$4,484$3,914$3,409$2,962$2,210
14 years$4,710$4,076$3,517$3,026$2,597$1,886
15 years$4,350$3,724$3,175$2,698$2,286$1,616
16 years$4,036$3,416$2,879$2,416$2,021$1,388
17 years$3,759$3,146$2,620$2,171$1,792$1,196
18 years$3,513$2,907$2,391$1,956$1,593$1,033
19 years$3,294$2,694$2,189$1,768$1,420$894
20 years$3,096$2,504$2,009$1,601$1,268$775
21 years$2,918$2,332$1,848$1,453$1,135$673
22 years$2,756$2,177$1,703$1,321$1,017$585
23 years$2,608$2,036$1,573$1,203$913$509
24 years$2,473$1,908$1,454$1,097$821$443
25 years$2,349$1,790$1,347$1,002$739$387
26 years$2,234$1,683$1,249$916$665$337
27 years$2,128$1,584$1,160$839$600$294
28 years$2,030$1,492$1,078$768$541$257
29 years$1,939$1,408$1,004$705$489$225
30 years$1,854$1,329$935$647$442$196
31 years$1,775$1,257$872$594$399$172
32 years$1,701$1,189$813$546$361$150
33 years$1,631$1,126$759$502$327$131
34 years$1,566$1,067$709$462$296$115
35 years$1,505$1,012$663$425$268$101
36 years$1,447$961$620$392$243$88
37 years$1,392$913$581$361$220$77
38 years$1,341$867$544$333$200$67
39 years$1,292$825$509$307$181$59
40 years$1,245$785$478$283$164$52
41 years$1,202$747$448$261$149$45
42 years$1,160$711$420$241$135$40
43 years$1,120$678$394$222$123$35
44 years$1,082$646$370$205$111$30
45 years$1,046$616$347$190$101$27
46 years$1,012$588$326$175$92$23
47 years$979$561$307$162$83$20
48 years$948$535$288$149$76$18
49 years$918$511$271$138$69$16
50 years$889$488$255$128$62$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $911,000, adding $6,909 every year, while hoping to spend $24,612 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 64/10/26 Blend
49$911,000$911,000$911,000$911,000
50$1,011,049$962,766$948,645$1,068,415
51$1,087,989$983,754$954,238$1,129,012
52$1,171,952$1,004,946$959,193$1,191,849
53$1,263,628$1,026,326$963,463$1,259,963
54$1,363,778$1,047,875$966,999$1,333,877
55$1,473,237$1,069,576$969,747$1,414,163
56$1,592,928$1,091,405$971,654$1,501,454
57$1,723,864$1,113,341$972,662$1,596,448
58$1,867,161$1,135,359$972,710$1,699,914
59$2,024,050$1,157,430$971,734$1,812,699
60$2,195,885$1,179,525$969,669$1,935,737
61$2,384,156$1,201,613$966,444$2,070,057
62$2,590,506$1,223,658$961,986$2,216,795
63$2,816,744$1,245,623$956,218$2,377,202
64$3,064,861$1,267,468$949,060$2,552,656
65$3,337,051$1,289,149$940,429$2,744,679
66$3,635,731$1,310,618$930,234$2,954,945
67$3,963,564$1,331,826$918,385$3,185,303
68$4,323,480$1,352,718$904,783$3,437,788
69$4,718,710$1,373,237$889,329$3,714,646
70$5,152,812$1,393,319$871,915$4,018,351
71$5,629,706$1,412,898$852,431$4,351,630
72$6,153,708$1,431,903$830,760$4,717,490
73$6,729,577$1,450,257$806,781$5,119,245
74$7,362,553$1,467,878$780,367$5,560,550
75$8,058,408$1,484,679$751,384$6,045,430
76$8,823,505$1,500,567$719,694$6,578,326
77$9,664,850$1,515,442$685,152$7,164,129
78$10,590,165$1,529,199$647,604$7,808,235
79$11,607,956$1,541,724$606,893$8,516,587
80$12,727,596$1,552,897$562,853$9,295,740
81$13,959,411$1,562,590$515,309$10,152,916
82$15,314,781$1,570,667$464,081$11,096,078
83$16,806,240$1,576,981$408,980$12,134,001
84$18,447,603$1,581,380$349,807$13,276,358
85$20,254,089$1,583,698$286,357$14,533,811
86$22,242,470$1,583,762$218,413$15,918,112
87$24,431,222$1,581,387$145,750$17,442,214
88$26,840,708$1,576,377$68,134$19,120,393
89$29,493,363$1,568,522$0$20,968,386
90$32,413,908$1,557,601$0$23,007,612
91$35,629,584$1,543,381$0$25,273,547
92$39,170,406$1,525,611$0$27,768,413
93$43,069,451$1,504,029$0$30,515,508
94$47,363,163$1,478,355$0$33,540,509
95$52,091,704$1,448,293$0$36,871,706
96$57,299,327$1,413,529$0$40,540,279
97$63,034,798$1,373,730$0$44,580,584
98$69,351,850$1,328,547$0$49,030,483
99$76,309,699$1,277,605$0$53,931,698
100$83,973,593$1,220,512$0$59,330,207